Town Hall News

AMMAN (Reuters) – The heir to Jordan’s throne married on Thursday amid much fanfare in a glittering ceremony that the country’s leaders, long backed by the West as a stabilising influence in a volatile region, hope will reinforce local and global alliances. The 28-year-old Prince Hussein, named as heir by his father King Abdullah in 2009, tied the knot with Saudi architect Rajwa Al Saif, 29, who hails from a […]

(Reuters) – The Nasdaq and S&P 500 surged to nine-month closing highs on Thursday as signs of slowing wage pressure raised hopes the Federal Reserve will pause hiking interest rates and investors cheered a vote in Congress to suspend the U.S. debt ceiling. The number of Americans filing new claims for unemployment benefits rose modestly last week, while private payrolls increased more than expected in May, pointing to a still […]

By Jorge Garcia LOS ANGELES (Reuters) – A sweat-stained jersey worn by U.S. basketball legend Michael Jordan in a practice session at the 1992 Olympic Games will hit the auction block in Los Angeles in June, estimated to sell at between $400,000 and $600,000. The white jersey with red, white and blue trim and ‘USA Basketball’ on the front is signed by Jordan and will be auctioned as part of […]

By Gloria Dickie (Reuters) – Lion and leopard populations in Zambia’s Kafue National Park are showing signs of a modest comeback following decades of poaching, helped by expanded protection strategies, including an innovative vulture early-warning system. Big cat densities across Kafue, measured broadly for the first time by global conservation organisation Panthera, remained stable and in some cases increased from 2018 to 2022, according to a new report shared exclusively with […]

By Joey Roulette WASHINGTON (Reuters) -Boeing Co will stand down from late preparations for its first crewed Starliner test flight to space that was planned for July after it discovered two safety-critical issues with the spacecraft, a company official said on Thursday. Boeing found flammable tape material and issues with the spacecraft’s parachute lines during engineering reviews last week, as engineers were targeting a July 21 launch date for the […]

By Herbert Lash and Shreyashi Sanyal (Reuters) – The Nasdaq and S&P 500 surged to nine-month closing highs on Thursday as signs of slowing wage pressure raised hopes the Federal Reserve will pause hiking interest rates and investors cheered a vote in Congress to suspend the U.S. debt ceiling. The number of Americans filing new claims for unemployment benefits rose modestly last week, while private payrolls increased more than expected […]

By Tiyashi Datta (Reuters) – Broadcom Inc forecast third-quarter revenue above market estimates on Thursday, as it benefits from massive corporate investments in AI-related technologies. The viral success of ChatGPT has sparked a surge in orders for chips that underpin the technology at big data centers, driving a rally in shares of semiconductor companies that cater to the hottest slice of the market. Broadcom Chief Executive Hock Tan said generative […]

By Sarah N. Lynch WASHINGTON (Reuters) – Two more members of the far-right Oath Keepers militant group were given multi-year prison sentences on Thursday for seditious conspiracy and other crimes arising from the Jan. 6, 2021, attack on the U.S. Capitol by then-President Donald Trump’s supporters. U.S. District Judge Amit Mehta sentenced Roberto Minuta to 4-1/2 years in prison and Edward Vallejo to three years in prison following their convictions […]

By Dawn Chmielewski (Reuters) – Netflix Inc shareholders on Thursday withheld their support for the company’s executive pay package, in a non-binding vote that followed a call by striking Hollywood writers to reject the proposed 2023 compensation. The Writers Guild of America West had urged investors to vote against the compensation offered to Netflix’s top executives, arguing such a vote would be “inappropriate” during the strike, which has entered its […]